MySpace To Acquire Flektor — MySpace will acquire Flektor, a just-launched service that allows users to create widgets from photos, video and text, according to two sources with knowledge of the deal. This comes right after the news of MySpace's pending acquisition of Photobucket last week for $250-$300 million.

Fox Interactive keeps on buying — A few days ago I had breakfast with Peter Levinsohn, President of Fox Interactive Media, days after Rupert Murdoch made a $5 billion bid for Dow Jones. We chatted about a variety of topics, but most of them were off the record.

WordPress 2.2 — On behalf of the entire WordPress team, I'm proud and excited to announce the immediate availability of version 2.2 "Getz" for download. This version includes a number of new features, most notably Widgets integration, and over two hundred bug fixes. It's named in honor of tenor saxophonist Stan Getz.

Get converted — As previously announced, and as indicated by the lower frequency in blogcasting here, everyone at MacBU is exceedingly busy completing Office 2008, which is on track for release later this year. This work is our primary focus, and is the largest undertaking in our ten year history as an independent team.

Truemors, the Twitter for rumors, smothered by spam — Guy Kawasaki's new company Truemors, has launched, and it is a sort of Twitter for rumors. — It is noteworthy, because its a raw experiment at letting anyone post anything and letting the top-voted post float to the top in a section called "greatest."

Warner Music sues social network site for piracy — NEW YORK (Reuters) - Warner Music Group Corp. sued Imeem Inc., a music-based social networking Web site, on Tuesday for infringing the copyright of its artists including Madonna, Red Hot Chili Peppers and Green Day.

Porn.com Sells for 9 Million — MXN Limited acquires Porn.com for $9 Million. Terms of the transaction were not fully disclosed, but this is the second largest adult domain transactions behind sex.com. It was not more then two months ago when I saw this domain at auction for 7 .5 Million and thought it was a bargain.

Hands on With Fujitsu's Pocket-Size Convertible UMPC — Fujitsu claims its FMV-U8240 is the smallest available UMPC. — Fujitsu Ltd. unveiled an ultramobile PC that's small enough to fit in a jacket pocket. — The machine will first be promoted to corporate users as a secondary PC …

The Question: Is 30 too old to start a company? — Fred Wilson of Union Square Ventures noted, to the dismay of some of his older readers, that almost all the entrepreneurs he'd backed were in their thirties. Steven Levy, in his feature this week on young entrepreneurs …

Malware 'hijacks Windows Updates' — Virus writers may be able to smuggle malicious files onto a computer using Microsoft's security patch updates, experts say. — At least one program is in circulation that can hijack a key component of Windows Update to introduce malicious software that could be used to hijack a computer.

Mission as strategy - connecting the dots at Yahoo! — Last year, the executive team at Yahoo! made the decision to re-organize the company with one of the central themes being the evolution of a culture from one largely organized around products, to one that is far more organized around our customers.

Linus Torvalds Responds To Microsoft Patent Claims — The holder of the Linux trademark suggests Microsoft should name the patents it alleges have been violated so the claims can be tested in court. — Linus Torvalds, lead developer of the Linux kernel, has a sharp retort …

XM Radio Suspends Opie & Anthony — WASHINGTON and NEW YORK, May 15 /PRNewswire-FirstCall/ — XM Radio announced today that the company has suspended Gregg "Opie" Hughes and Anthony Cumia, hosts of "The Opie & Anthony Show" and ceased broadcast of the show for 30 days, effective immediately.

Google's Potential Vulnerability - An Open Ad Network — Robert Scoble recently wrote an interesting post, about FOG - Fear of Google (an acronym coined by CEO of eMarketer Geoff Ramsey). I observed this phenomenon strongly first hand at the Web 2.0 Expo and shared my thoughts on it in the R/WW post Thoughts from the Web 2.0 Expo.